CCA 201404009
Banks
ID:
UILC:
CCA_2013082710260852
6331.31-00
Number: 201404009
Release Date: 1/24/2014
From: ---
Sent: Tuesday, August 27, 2013 10:26:08 AM
To:
Cc:
Bcc:
Subject: RE: Bank processing fee deducted from levy proceeds
Good morning.
The prelim answer stands. There has been no change in our position, which is based on section
6331 (and the regs) and is addressed in IRM 5.11.4.3.3 (which also references a standard letter to issue to recalcitrant banks.) Banks cannot deduct processing fees from levy proceeds.
If you need further assistance, just let me know.
Source: view the official PDF
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